About
Maiden Forgings Limited manufactures and sells ferrous metal products in India. The company offers stainless steel bright, carbon, and alloy steel bars; steel wires and profiles; and stainless steel wires and profiles, as well as bulk nails, wire collected nails, and plastic strip nails. It also provides steel bright, ground, peeled, and shaped profile bars; fine wires; hard bright and half hard bright wires; plastic and wire collated nails; and stainless steel nails. The company was founded in 1989 and is based in Ghaziabad, India.
Quarterly Results
No quarterly results synced yet for this stock.
Data is backfilled from screener.in — check back soon.Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Sales | 232.00 | 213.00 | 236.00 | 221.00 | 210.00 | 199.00 | 204.00 |
| Expenses | 217.00 | 194.00 | 213.00 | 199.00 | 198.00 | 186.00 | 191.00 |
| Operating Profit | 15.00 | 19.00 | 23.00 | 22.00 | 12.00 | 13.00 | 13.00 |
| OPM % | 6.00 | 9.00 | 10.00 | 10.00 | 6.00 | 7.00 | 6.00 |
| Other Income | 2.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 7.00 | 7.00 | 6.00 | 5.00 | 6.00 | 7.00 | 7.00 |
| Depreciation | 4.00 | 4.00 | 4.00 | 4.00 | 3.00 | 4.00 | 4.00 |
| Profit before tax | 7.00 | 9.00 | 14.00 | 13.00 | 3.00 | 2.00 | 2.00 |
| Tax % | 28.00 | 29.00 | 29.00 | 28.00 | 27.00 | 29.00 | 28.00 |
| Net Profit | 5.00 | 6.00 | 10.00 | 10.00 | 2.00 | 2.00 | 2.00 |
| EPS in Rs | 3.53 | 4.26 | 6.84 | 9.22 | 4.20 | 3.24 | 3.57 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Equity Capital | 14.00 | 14.00 | 14.00 | 10.00 | 5.00 | 5.00 | 5.00 |
| Reserves | 67.00 | 62.00 | 57.00 | 30.00 | 26.00 | 24.00 | 17.00 |
| Borrowings | 69.00 | 69.00 | 63.00 | 68.00 | 62.00 | 61.00 | 63.00 |
| Other Liabilities | 30.00 | 18.00 | 15.00 | 19.00 | 17.00 | 15.00 | 14.00 |
| Total Liabilities | 181.00 | 164.00 | 149.00 | 127.00 | 110.00 | 105.00 | 99.00 |
| Fixed Assets | 38.00 | 37.00 | 29.00 | 29.00 | 24.00 | 26.00 | 29.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 143.00 | 127.00 | 119.00 | 98.00 | 86.00 | 79.00 | 70.00 |
| Total Assets | 181.00 | 164.00 | 149.00 | 127.00 | 110.00 | 105.00 | 99.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 6.00 | 5.00 | -12.00 | 11.00 | 3.00 | 0.00 | 3.00 |
| Cash from Investing Activity | -4.00 | -9.00 | -7.00 | -9.00 | -2.00 | 0.00 | -3.00 |
| Cash from Financing Activity | -3.00 | 5.00 | 19.00 | -2.00 | -1.00 | 2.00 | -1.00 |
| Net Cash Flow | 0.00 | 0.00 | -1.00 | 0.00 | -1.00 | 2.00 | -1.00 |
| Free Cash Flow | 2.00 | -5.00 | -17.00 | 3.00 | 0.00 | -1.00 | 0.00 |
| CFO/OP % | 42.00 | 23.00 | -52.00 | 52.00 | 21.00 | 0.00 | 24.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Debtor Days | 62.00 | 51.00 | 34.00 | 41.00 | 47.00 | 61.00 | 55.00 |
| Inventory Days | 150.00 | 153.00 | 124.00 | 99.00 | 81.00 | 75.00 | 48.00 |
| Days Payable | 33.00 | 26.00 | 17.00 | 25.00 | 14.00 | 26.00 | 26.00 |
| Cash Conversion Cycle | 179.00 | 178.00 | 141.00 | 116.00 | 114.00 | 110.00 | 77.00 |
| Working Capital Days | 86.00 | 90.00 | 74.00 | 34.00 | 33.00 | 30.00 | 20.00 |
| ROCE % | 9.00 | 11.00 | 16.00 | 19.00 | 10.00 | 11.00 | — |
Corporate Actions
No corporate actions recorded.
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update1 Apr from crisil
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Rating update29 Apr 2025 from infomerics
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Rating update19 Feb 2025 from care
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Rating update31 Jan 2025 from crisil
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Rating update10 Dec 2024 from infomerics
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Rating update20 Feb 2024 from care